2023 BOB to AOA Historical Review

YEARLY HIGH

121.4746 AOA

YEARLY LOW

72.3240 AOA

YEARLY AVERAGE

99.2222 AOA

2023 BOB to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 121.4746. Conversely, the yearly low was recorded on February 5, dropping to 72.3240.

This high-to-low spread represents a total annual volatility of 49.1506 AOA. From a start-to-finish perspective, comparing the January average rate of 72.9086 to the December average rate of 120.1209, the exchange rate registered a net change of 64.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 121.4746 was up 50.10% compared to the 2022 peak of 80.9273, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BOB based on timing:

Yearly Peak High 607,373 AOA

2022 Average 334,133 AOA

Yearly Trough Low 361,620 AOA

Transaction Impact: A difference of 245,752.98 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

124.9803

68.1749

JanuMarcMayJulySeptNove

BOB to AOA Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 78.5751, compared to 119.8694 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 41.2942 points.

H1 Avg (Jan–Jun) 78.5751

H2 Avg (Jul–Dec) 119.8694

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 34.1034 AOA (High: 119.4499 / Low: 85.3464). On the other end, January was the most stable month, with a tight range of 0.3804 AOA (High: 73.1491 / Low: 72.7686).

June Spread (Volatile) ±34.1034

January Spread (Stable) ±0.3804

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1256 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.1256

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 120.2465) against the same month in 2022 (average: 72.4651), the exchange rate shifted by +47.7813 (+65.94%).

2023 Avg (November) 120.2465

2022 Avg (November) 72.4651

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	73.1491	72.7686	72.9086
February	73.6115	72.3240	73.0713
March	74.2234	72.8329	73.3178
April	73.9530	73.0438	73.4667
May	84.4940	73.5519	76.7590
June	119.4499	85.3464	101.9273
July	120.7519	119.0185	119.5783
August	120.3545	118.9360	119.5184
September	120.6923	119.3166	119.8675
October	120.4301	119.4162	119.8846
November	121.4746	119.7088	120.2465
December	120.4583	119.5595	120.1209